SEC Form 4 · accession 0001094891-16-000645
NextDecade Corp · NEXT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Eric Rosenfeld
Officer — Chairman and CEO · Director
Period of report
Nov 21, 2016
Accepted (ET)
Nov 22, 2016 · 4:03 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001612720
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Convertible Promissory NoteF4,F1,F2,F3 | $10.00 | Nov 21, 2016 | A | 6,000 | A | — | — | Units | 6,000 | 6,000 | D |
Explanation of responses
- F1Upon completion by the Issuer of an initial business combination, the promissory note may be converted into units ("Units") of the Issuer at a price of $10.00 per Unit, at the Reporting Person's option.
- F2If the Issuer fails to consummate an initial business combination by March 27, 2017, the Issuer will dissolve and the promissory note will not be convertible.
- F3Each Unit consists of one share of common stock and one warrant to purchase one share of common stock.
- F4The convertible promissory note was issued in consideration of a loan made by the Reporting Person to the Issuer in the amount of $60,000.